31
Aug
13:08
Schmolz+Bickenbach to rename to Swiss Steel
Schmolz+Bickenbach has invited its shareholders to an extraordinary general meeting at which it will decide on a change to its nominal share value and future company name.
The maker of special bar quality steels intends to lower the nominal share price value of its stock from the current CHF 0.30 ($0.33) to CHF 0.15, Kallanish hears. It says it will allocate the amount of the nominal value reduction to reserves and to offset it to eliminate the adverse balance.
T…
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Anonymous
Very good overview of the weekly steel market.
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